Monday, November 22, 2021

Economic Update: Chris Hedges & US Prisons

 On this week's show, Prof. Wolff presents updates on South Dakota leads US to become world's #2 "tax haven," pandemic's economic shock cut by very uncapitalistic means, why employers want the govt to pay workers to go back to work, and how libertarians mistake puppets for puppeteers. The second half of the show features an interview with Chris Hedges on lessons for us from US prisons and prisoners.

**Economic Update with Richard D. Wolff is a@Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: https://www.patreon.com/economicupdate and help us spread Prof. Wolff's message to a larger audience. Every donation counts! A special thank you to our devoted EU Patreon community whose contributions make this show possible each week. ****************************************************************************************** About our guest: Chris Hedges is the author of 14 books, including several New York Times best sellers. He is also a Pulitzer Prize–winning journalist who was a foreign correspondent for fifteen years for The New York Times, where he served as the Middle East Bureau Chief and Balkan Bureau Chief for the paper, and is the host of the Emmy Award-nominated RT America show On Contact. Links: New book: https://www.simonandschuster.com/ ****************************************************************************************** SUBSCRIBE: EU Podcast | Apple Podcasts | Google Podcasts | Spotify | iHeartRADIO SUPPORT: Join our Patreon community at patreon.com/economicupdate or donate on our website at democracyatwork.info/donate Follow us ONLINE: Facebook: http://www.facebook.com/EconomicUpdate http://www.facebook.com/RichardDWolff http://www.facebook.com/DemocracyatWrk Twitter: http://twitter.com/profwolff http://twitter.com/democracyatwrk Instagram: http://instagram.com/democracyatwrk Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop... Want to help us translate and transcribe our videos? Learn about joining our translation team: http://bit.ly/ ****************************************************************************************** NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: https://www.lulu.com/ “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly http://www.lulu.com/spotlight/democra... ****************************************************************************************** SOURCES FOR SHOW SEGMENTS 1. South Dakota: a. https://www.axios.com/south-dakota-gl... b. https://prospect.org/power/why-do-sou... 2. Irrationalities of capitalism: a. https://www.axios.com/newsletters/axi... b. https://interrogatingjustice.org/pris... 3. Labor shortage: a. https://www.cnbc.com/2021/10/13/barry..